The high cost of nursing home or at-home care can quickly drain a lifetime of savings—but it doesn’t have to. With extensive experience in Medicaid planning, we’ve developed strategies that can help protect your home, savings, and other assets from being spent down to cover long-term care costs.
In Indiana, the average cost of nursing home care can exceed $79,000 per year. Without proper planning, these expenses can quickly reduce or eliminate your family’s financial resources. While Medicaid may help cover these costs, it comes with strict eligibility rules, especially regarding how much you can own in financial assets. Many families are surprised to learn they must spend down their assets before qualifying for assistance.
By working with an experienced elder law attorney, you can legally protect your assets, ensure your spouse and loved ones are provided for, and maintain the ability to afford a higher level of comfort and care.
It’s never too early—or too late—to plan. Let us help you protect your future.